Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, poLight ASA's Enterprise Value is kr2,349.77 Mil.
poLight ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr-79.10 Mil. Therefore, poLight ASA's EV-to-OCF for today is -29.71.
The historical rank and industry rank for poLight ASA's EV-to-OCF or its related term are showing as below:
OSL:PLT'
s EV-to-OCF Range Over the Past 10 Years
Min: -58.95 Med: -8.97 Max: 0.38
Current: -29.71
During the past 12 years, the highest EV-to-OCF of poLight ASA was 0.38. The lowest was -58.95. And the median was -8.97.
OSL:PLT's EV-to-OCF is ranked better than 86.34% of 2496
companies
in the Hardware industry
Industry Median: 8.95
vs OSL:PLT: -29.71
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
poLight ASA's PE Ratio (TTM) for today is calculated as:
poLight ASA's share price for today is kr12.20.
poLight ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.590.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
poLight ASA EV-to-OCF Related Terms
poLight ASA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for poLight ASA's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, poLight ASA's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
poLight ASA EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, poLight ASA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where poLight ASA's EV-to-OCF falls into.
poLight ASA's current Enterprise Value is kr2,349.77 Mil.
poLight ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-79.10 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
poLight ASA (OSL:PLT) has a EV-to-OCF of -29.71 as of Aug. 09, 2026. According to the industry distribution chart, poLight ASA ranks #341 out of 2496 companies in the Hardware industry, placing it in the top 13.7%.
Is poLight ASA's EV-to-OCF too high?
poLight ASA's current EV-to-OCF is -29.71. Based on the distribution chart, poLight ASA ranks #341 out of 2496 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, poLight ASA has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does poLight ASA's EV-to-OCF compare to APH and GLW?
According to the Hardware industry distribution chart, poLight ASA ranks #341 out of 2496 companies for EV-to-OCF. This places poLight ASA in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 8.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 8.95, based on 2,496 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median EV-to-OCF is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. poLight ASA's current EV-to-OCF is -29.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is poLight ASA stock overvalued right now?
Based on GuruFocus' analysis, poLight ASA (OSL:PLT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr4.15, compared to a current price of kr12.20 — trading 194% above its estimated fair value. The current EV-to-OCF is -29.71. poLight ASA's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For poLight ASA (OSL:PLT), the current EV-to-OCF is -29.71 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is poLight ASA (OSL:PLT) Overvalued in 2026?
Based on GuruFocus' analysis, poLight ASA stock appears to be overvalued.
The current stock price of kr12.20 is trading 194% above its estimated GF Value™ of kr4.15.
GuruFocus considers poLight ASA to be Significantly Overvalued.
Key valuation signals for OSL:PLT:
EV-to-OCF: -29.71
GF Value™: kr4.15 vs. price of kr12.20 (194% above fair value)
No single metric tells the full story. See the OSL:PLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company specializes in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. The Group has only one operating segment the TLens technology platform. Its geographical segments are the United States, Asia, and Europe.
49GF Score
Get the complete analysis for OSL:PLT
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:PLT has been successfully added to your 
